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What is the limit of their modified AGI

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Question - The Jenkins, a married couple who file Married Filing Jointly, want to set up Traditional IRA accounts. If neither are covered by a retirement plan at work, what is the limit of their modified AGI in order for the Jenkins to be able to contribute to a Traditional IRA?

a. Less than $123,000

b. Less than $64,000

c. Limits do not apply

d. Less than $203,000

Reference no: EM132639779

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